Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military. My former experience has been with LTR and I'm currently fo...

Investment Info:

Single-family residence wholesale investment.

Purchase price: $17,000

Sale price: $27,000

Contributors:
Peter Vekselman

Partner Driven and Archie Raglin acquired this...

Instant equity just seems to save everyone in the deal.

Instant equity and upside How did you find this deal and how did you negotiate it?

It seems to me that whenever I get a message or booking from a VRBO guest, it takes it a little while to show up in HostTools whereas airbnb bookings seem to be instant.  

Super cool idea I think - win-win for everyone, you make extra $, cleaner makes extra $, guest gets what they want and can have a unique memorable experience.Opens the door for lots of different "package" types What's the downside?

After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!

They want to pick up the phone and call or text and get an instant response from their cleaners.

Quote from @Alex Tchogorian: Hi @Chris Seveney I just finished reading Win-Win Revolution by Bill Bymel and would love to be part of your group.

Looking forward to building a strong network and creating win-win partnerships!